Edmonds Industries is forecasting the following income statement: Sales $6,000,000 Operating costs excluding depreciation & amortization 3,300,000 EBITDA $2,700,000 Depreciation and amortization 360,000 EBIT $2,340,000 Interest 480,000 EBT $1,860,000 Taxes (25%) 465,000 Net income $1,395,000

The CEO would like to see higher sales and a forecasted net income of $2,750,000. Assume that operating costs (excluding depreciation and amortization) are 55% of sales and that depreciation and amortization and interest expenses will increase by 5%. The tax rate, which is 25%, will remain the same. (Note that while the tax rate remains constant, the taxes paid will change.) What level of sales would generate $2,750,000 in net income? Round your answer to the nearest dollar, if necessary.